Which of the Following Is NOT a Potential Disadvantage Associated

question 44

Multiple Choice

Which of the following is NOT a potential disadvantage associated with an import/export operation?

• A)Some products are restricted and cannot be imported or exported.
• B)Products may miss the needs of a large segment of the market because they are not adapted to local conditions.
• C)There is a great deal of risk involved compared to other strategic alternatives.
• D)Imports/exports are subject to taxes, tariffs, and higher transportation expenses.
• E)All of these choices

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Definitions:

Tippecanoe

The site of an 1811 battle in the Indiana Territory, where future President William Henry Harrison defeated Native American forces led by Tecumseh's brother, Tenskwatawa.

Customs Collectors

Officials responsible for collecting duties imposed by a government on imported and exported goods.

Democratic-Republican

A political party in the United States that evolved in the 1790s and supported states' rights and agriculture, opposing the Federalist Party.

Marbury V. Madison

A landmark U.S. Supreme Court case in 1803 that established the principle of judicial review in the United States, meaning that American courts have the power to strike down laws, statutes, and some government actions that they find to violate the Constitution.